[The script hasn’t finished yet! What’s next for BTC? The weekly line tomorrow will give you the answer!]
Overall viewpoint remains unchanged today. BTC is currently trading around $64,500, and the price action is still within our expectations.
The important support level of $63,800 mentioned in yesterday’s article has been validated by the market. It dipped as low as $63,739 and then quickly rebounded, indicating that the short-term structure hasn’t turned bad. The bigger picture still points to a range-bound upward movement.
However, what’s truly worth paying attention to isn’t today—it’s tomorrow’s weekly close.
The weekly chart will determine whether BTC will directly push up toward $67,000, or whether it will continue consolidating to build strength before launching another attack toward $69,000. Therefore, the closing position on that day is crucial, and it will also affect our trading strategy for the next phase.
Over these past few months, from firmly staying bullish at 58,000 to setting up positions around ETH 1556 and SOL 65, then to the 63,800 support and the 67,000 target—the market has largely been playing out according to our script.
After tomorrow’s weekly close, I will share with everyone in detail the new weekly structure and the trading ideas for what comes next.
#SHIB上涨36% $BTC #比特币挖矿难度或下调1.2% $ETH #BTC走势分析
Overall viewpoint remains unchanged today. BTC is currently trading around $64,500, and the price action is still within our expectations.
The important support level of $63,800 mentioned in yesterday’s article has been validated by the market. It dipped as low as $63,739 and then quickly rebounded, indicating that the short-term structure hasn’t turned bad. The bigger picture still points to a range-bound upward movement.
However, what’s truly worth paying attention to isn’t today—it’s tomorrow’s weekly close.
The weekly chart will determine whether BTC will directly push up toward $67,000, or whether it will continue consolidating to build strength before launching another attack toward $69,000. Therefore, the closing position on that day is crucial, and it will also affect our trading strategy for the next phase.
Over these past few months, from firmly staying bullish at 58,000 to setting up positions around ETH 1556 and SOL 65, then to the 63,800 support and the 67,000 target—the market has largely been playing out according to our script.
After tomorrow’s weekly close, I will share with everyone in detail the new weekly structure and the trading ideas for what comes next.
#SHIB上涨36% $BTC #比特币挖矿难度或下调1.2% $ETH #BTC走势分析